127-129 North 1st Street

127-129 North 1st Street

Spring Lake, NC 28390

$599,900
Price
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a view of a house with a yard
a view of a house with a yard
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a car parked in front of a house
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an empty room with wooden floor and windows
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a kitchen with a stove and a refrigerator

Description

Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. Please do not disturb tenants - vacant...Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. Please do not disturb tenants - vacant pics of latest unit that was on the market. Inspections can be scheduled once under contract and dd money has been received. Seller will entertain all offers.
  1. Listed by AMY REYNOLDS • ACE REAL ESTATE

Property Details for 127-129 North 1st Street

Architectural Style
OneStory
Subdivision Name
SPRING LAKE
Zoning Description
CB - Central Business

Location

Listing Courtesy of ACE REAL ESTATE
Add your commute
LISTING UPDATED: 04/25/2024 11:24 AM

Property Details for 127-129 North 1st Street

StatusActive
MLS #721165
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1959
Lot Size-
CountyCumberland

Location

Listing Courtesy of ACE REAL ESTATE
Add your commute

Building Information for 127-129 North 1st Street

Stories1Residences8Year Built1959Building Size-Lot Size-

Payment Calculator

$3,274 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127-129 North 1st Street

Summary
Location and General Information
  • City: Spring Lake
  • County Or Parish: Cumberland
  • Postal Code: 28390
  • Latitude: 35.168806
  • Longitude: -78.976066
  • State Or Province: NC
Taxes and HOA Information
  • Parcel Number: 0501-76-1356.000/ 0501-76-1441
  • Tax Legal Description: SPRING LAKE LO27 SE01 BLA PL0011-0003 UN01
School Information
  • Elementary School: Lillian Black Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School
Parking
  • Covered Spaces: 0.0
Property
Lot Information
  • Above Grade Finished Area Units: SquareFeet
  • Below Grade Finished Area Units: SquareFeet
  • Building Area Units: SquareFeet
  • Lot Size Area: 0.0
  • Lot Size Units: SquareFeet
  • Living Area Units: SquareFeet
Property and Assessments
  • Year Built: 1959
  • Human Modified: Yes
Utilities
  • Sewer: PublicSewer
  • Water Source: Lake
Interior and Exterior Features
Exterior Features
  • Exterior Features: Courtyard
  • Construction Materials: Brick
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: Carpet, Laminate, Vinyl
  • Bathrooms Total: 0
  • Cooling: Yes
  • Cooling: WindowUnits
  • Heating: Yes
  • Heating: Baseboard, WindowUnit
  • Interior Features: EatinKitchen, PrimaryDownstairs, WindowTreatments
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Rental
Rental Information
  • Occupant Type: Occupied
  • Lease Considered: No
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 127-129 North 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 127-129 North 1st Street

This home is within Cumberland County School District.
Rating
School
Type
Grades
Distance
Lillian Black Elementary
Public - K to 5
Spring Lake Middle
Public - 6 to 8
Pine Forest High
Public - 9 to 12
Alger B. Wilkins High School
Public - 9 to 12
Rating
School
Distance
Lillian Black Elementary
PublicK to 5

Spring Lake Middle
Public6 to 8

Pine Forest High
Public9 to 12

Alger B. Wilkins High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 127-129 North 1st Street, Spring Lake, NC 28390

127-129 North 1st Street is a multi-family home for sale in Spring Lake, NC 28390. This property was listed for sale on March 12, 2024 by ACE REAL ESTATE, it's currently listed at $599,900. This listing's school district is Cumberland County School District. Nearby schools include Lillian Black Elementary, Spring Lake Middle and Pine Forest High. 127-129 North 1st Street is a 0-bed, 0-bath, multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ACE REAL ESTATE

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.